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Manager, Physician Compensation
Advocate Aurora HealthManager of Physician Compensation at Advocate Health overseeing compensation strategies and projects impacting healthcare providers. Analyzing data and collaborating with leadership in a fully remote role.
About the role
Key responsibilities & impact- Serves as a liaison between operations management, physician leadership, physicians, accounting, and financial services for the following: system physician compensation projects; system data and report analysis, system accounting regarding physician compensation accrual; system physician compensation budgeting; and corporate compliance; review and sign off physician compensation transactions
- Provides consultation to operational leadership, physician leadership and financial leadership on key physician compensation projects, financial impacts, contracting, quality and performance, and related issues
- Analyzes and proposes ways to improve the organization's structure, efficiency, or profits
- Assists in reviewing/analyzing physician productivity to ensure accuracy for physician compensation calculation and related expenses for assigned entities
- Develops, refines, and communicates budgeting techniques to provide leadership with optimum control and planning tools
- Develops, executes, and evaluates physician compensation project plans in collaboration with other teams and leadership, identifies project needs and efficiency improvement opportunities
- Champions efficiency improvement initiatives, prepares project budget and analyses to support efficiency enhancements and leads projects to assist standardization processes
- Develops and maintains comprehensive analytical and benchmarking tools
- Leads systematic and comprehensive analytics to support AHC strategic initiatives
- Performs physician compensation modeling and analyses
Requirements
What you’ll need- Bachelor's Degree in Finance or related field
- Typically requires 5 years of experience in physician compensation, finance, accounting, or equivalent that includes consulting with leadership on strategies and planning, budgeting, and plan modeling
- Medical group finance and physician compensation plans experience of at least two (2) years
- Supervisory experience of at least one year, including budgeting
- Proven project management, problem-solving, critical thinking, and decision-making abilities
- Ability to work within deadlines with high degree of detail and to work independently in a fast paced, dynamic environment
- Excellent analytical skills, including ability to analyze quantitative and qualitative information and reach sound conclusions
- Proficiency using Microsoft Office (Word, Excel, Access, and PowerPoint), or similar products
Benefits
Comp & perks- Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
- Paid Time Off programs
- Flexible Spending Accounts for eligible health care and dependent care expenses
- Family benefits such as adoption assistance and paid parental leave
- Defined contribution retirement plans with employer match and other financial wellness programs
- Educational Assistance Program
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
physician compensationfinancial analysisbudgeting techniquesproject managementdata analysismodelingbenchmarkingconsultingcontractingproductivity analysis
Soft Skills
problem-solvingcritical thinkingdecision-makingattention to detailindependenceleadershipcommunicationefficiency improvementanalytical skillsstrategic planning